By: Margaret Sutherlin
Investors want an interest-rate cut. The Federal Reserve isn’t so sure the economy needs one yet. And now traders are throwing a tantrum. US December retail sales beat expectations across the board on Wednesday, showing that the consumer remains resilient, and knocked down the probability of a March rate cut to that of a coin toss. Fed officials have said as much, too. Fed governor Christopher Waller said rates would be lowered “methodically and carefully” at best. So all those bold bets fo